3t Systems Selected By Thornburg Mortgage To Automate Processes and Provide Web Access To Correspondents; Technology Platform Increases Data Management Capabilities.

Business Editors

DENVER--(BUSINESS WIRE)--Jan. 21, 2004

3t Systems, a provider of information technology integration solutions and developer of Mortgage Cadence(R), an enterprise-wide lending process solution and decisioning engine for the mortgage industry, has been selected by Thornburg Mortgage, Inc. (NYSE: TMA), a fully-integrated mortgage acquisition company with a portfolio of more than $17.3 billion of high credit mortgage assets, to automate business processes and provide correspondents with direct access to loan information online through the Internet. As part of this process, Thornburg Mortgage has successfully completed the early stages of implementation of 3t Systems' Mortgage Cadence system.

"3t Systems' Mortgage Cadence delivers a highly extensible platform that enables improvements in efficiency and productivity," said Mike Detwiler, president of 3t Systems. "Our relationship with our customers is key in producing an effective end product. We provide consultative services that help our customers, like Thornburg Mortgage, better understand and automate their core lending processes."

"We needed a more robust, flexible system that would help us enhance our data management capabilities," said Anne Beckett, operations manager for Thornburg Mortgage. "Mortgage Cadence enables us to increase our scalability and automate processes previously completed manually, improving internal efficiencies and increasing workflow. We were impressed with the efforts 3t took to understand our business and current systems and are confident that the end product will be a success."

Mortgage Cadence is a technology platform designed for lenders who want to increase business workflow efficiencies, scalability and profitability. It delivers enterprise-wide functionality from a single production database and allows for individual customization. Additionally, Mortgage Cadence's web-based interface gives correspondents immediate access to data via the Internet so they may retrieve loan information on their own.

About 3t Systems

Headquartered in Denver, CO, 3t Systems specializes in information technology integration, custom software development, network infrastructure and outsourcing solutions. Founded in 1994, 3t Systems delivers technical expertise combined with broad project experience and provides implementation services such as security, Microsoft .NET applications, BizTalk, business intelligence and CRM solutions. In 1999, 3t released its first version of Mortgage Cadence, a proprietary end-to-end loan origination software application for the mortgage banking industry. For more information about products and services provided by 3t Systems, visit www.3tsystems.com.

About Thornburg Mortgage, Inc.

Thornburg Mortgage is a single-family residential mortgage lender focused principally on the jumbo segment of the mortgage market. Backed by a sizeable balance sheet of $17.3 billion in assets, the company seeks to deliver attractive dividend income and steady growth for its shareholders through the acquisition and origination of high credit quality adjustable-rate mortgage assets. Capitalizing on its innovative lending model and REIT tax structure, Thornburg Mortgage is an efficient provider of specialized mortgage loan products for borrowers with excellent credit, and is positioned to become one of the top 50 mortgage lenders in the country. For more information about Thornburg Mortgage, visit www.thornburgmortgage.com.